Coversant, Inc. Turns to the Crowd to Expand its Internet of Things (IoT) Cloud Offering

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Coversant, Inc., an Internet of Things Service Bus (IoT-SB) Platform provider opens a $1 million Crowdfunding round on EquityNet.com. A projected $14 trillion market by 2020, Coversant's IoT-SB offers the most scalable, secure and efficient platform available for the Internet of Things.

Coversant, Inc. (IoT-SB)

Coversant's IoT-SB performs up to 35x better than any other offering today, the efficiencies created can lower operating costs up to 90% for customers.

Roseville. CA (PRWEB)May 06, 2014

The Internet of Things is a projected to be a $14 trillion dollar market by 2020, according to Dave Evans, Chief Futurist at Cisco. Coversant, Inc. has developed SoapBox, an Internet of Things Service Bus (IoT-SB). The most scalable, secure and efficient platform available for connecting everything to the Internet of Things. Coversant's current Cloud offering is available on Amazon Web Services (AWS) and Microsoft Azure.

Coversant, certified by Defense Information Systems Agency for security and interoperability and 1 of 2 platforms worldwide placed on the Unified Capabilities Approved Product List (UC-APL) for US Department of Defense (DoD), makes it a clear choice for the security and privacy needs of the IoT.

"The projected market size of IoT has driven interest from major providers to SoapBox IoT-SB which performs up to 35x better than any other offering today, the efficiencies created can lower operating costs up to 90% for customers. We are working on a number of exciting marketing and business development plans to bolster our growth", stated Jeff Cooke, Chairman and CEO of Coversant, Inc.

Coversant continues to build its alliance and reseller network. Coversant is currently partners with Intel, as a Premier Elite Partner in the IoT Developer Zone; Microsoft, as a gold partner and available on Azure; Oracle and HP.

In January, 2014 Coversant and aicas, Inc. which produces Java development and analysis tools for real-time and embedded systems entered alliance/reseller relationship. The combination of aicas’ JamaicaVM and Coversant SoapBox IoT-SB, creates a secure end-to-end solution from hard real-time device software requirements to cloud-based services for the Internet-of-things.

May, 2014 Clayster AB and Coversant, Inc. signed Alliance agreement to develop a Neutral IoT Platform. Combining the Clayster protocol bridging gateway technology and Coversant's Internet of Things Service Bus (IoT-SB), any protocol on any platform from any provider can now take advantage of scalability, security, and performance while federating with everything that connects to the IoT, machine or human.

"Coversant is actively securing alliance agreements with software gateway providers, allowing translation, transformation of protocols for easy user integration into the SoapBox IoT-SB creating ubiquity of device and protocol. Along with the device and edge technologies we are focused on and in final stages of agreements with event detection and real-time in stream anomaly detection technology companies" added Michael Holdmann, EVP at Coversant, Inc.

As a result of all the interest and progress of IoT, we are looking to accelerate our growth plans by opening up investment opportunities in Coversant for accredited investors. We have selected an online crowd funding platform called EquityNet that specializes in connecting accredited investors with promising early stage companies.

Crowdfunding is the pooling of money together by many individuals to support a person, cause, or business. As part of the April, 2012 JOBS Act, Equity Crowdfunding adopts this concept and allows individual investors seeking to invest for an eventual financial return in the business. Coversant's offering is made through Regulation D, Rule 506 (C) and is for accredited investors only.

Coversant has been approved for self-directed IRA investments at PENSCO. With a Self-Directed IRA at PENSCO, you can acquire stock in Coversant and enjoy tax-deferred growth.

Now it is time for the crowd to be afforded the opportunity to get in on the "Next Big Thing".

About Coversant
Privately-held and headquartered in California, Coversant has developed SoapBox, an Internet of Things Service Bus (IoT-SB) based on strategic and calculated predictions of the future of interoperability and integration of machines and humans. Providing roughly 35 times the throughput and processing power of other leading solutions and certified by United States Defense Information Systems Agency, SoapBox IoT-SB is capable of securing data and privacy of the IoT and federate across platforms at a lower Total Cost of Ownership.